Zacks Research Has Bearish Estimate for VNO Q2 Earnings

Vornado Realty Trust (NYSE:VNOFree Report) – Investment analysts at Zacks Research reduced their Q2 2026 EPS estimates for Vornado Realty Trust in a research report issued to clients and investors on Thursday, April 10th. Zacks Research analyst R. Department now forecasts that the real estate investment trust will earn $0.56 per share for the quarter, down from their previous forecast of $0.57. The consensus estimate for Vornado Realty Trust’s current full-year earnings is $2.31 per share.

Vornado Realty Trust (NYSE:VNOGet Free Report) last posted its earnings results on Monday, February 10th. The real estate investment trust reported $0.61 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of ($0.05) by $0.66. Vornado Realty Trust had a return on equity of 1.60% and a net margin of 3.94%.

Several other research analysts also recently weighed in on the stock. Compass Point boosted their target price on shares of Vornado Realty Trust from $40.00 to $44.00 and gave the company a “neutral” rating in a research note on Wednesday, February 12th. Piper Sandler cut their price objective on shares of Vornado Realty Trust from $44.00 to $38.00 and set a “neutral” rating for the company in a research report on Thursday, April 10th. Barclays raised their target price on shares of Vornado Realty Trust from $31.00 to $32.00 and gave the stock an “underweight” rating in a research report on Friday, March 14th. StockNews.com upgraded Vornado Realty Trust from a “sell” rating to a “hold” rating in a report on Thursday, February 13th. Finally, The Goldman Sachs Group raised their price objective on Vornado Realty Trust from $27.00 to $30.00 and gave the stock a “sell” rating in a report on Tuesday, February 25th. Two equities research analysts have rated the stock with a sell rating, seven have assigned a hold rating and three have given a buy rating to the stock. According to MarketBeat.com, the stock currently has an average rating of “Hold” and a consensus target price of $38.00.

View Our Latest Stock Report on Vornado Realty Trust

Vornado Realty Trust Stock Up 3.0 %

Shares of NYSE:VNO opened at $34.22 on Monday. The company has a quick ratio of 4.59, a current ratio of 4.59 and a debt-to-equity ratio of 1.98. The company has a market capitalization of $6.53 billion, a P/E ratio of 855.50, a P/E/G ratio of 9.69 and a beta of 1.49. Vornado Realty Trust has a 52-week low of $22.42 and a 52-week high of $46.63. The stock’s fifty day simple moving average is $38.28 and its 200-day simple moving average is $40.70.

Institutional Investors Weigh In On Vornado Realty Trust

Several institutional investors and hedge funds have recently added to or reduced their stakes in the company. FMR LLC increased its position in Vornado Realty Trust by 7.3% during the 3rd quarter. FMR LLC now owns 37,506 shares of the real estate investment trust’s stock worth $1,478,000 after purchasing an additional 2,536 shares in the last quarter. HighTower Advisors LLC grew its stake in Vornado Realty Trust by 37.0% during the third quarter. HighTower Advisors LLC now owns 26,003 shares of the real estate investment trust’s stock worth $1,030,000 after buying an additional 7,025 shares during the period. MML Investors Services LLC acquired a new stake in shares of Vornado Realty Trust in the third quarter worth $248,000. M&T Bank Corp increased its position in shares of Vornado Realty Trust by 7.7% in the third quarter. M&T Bank Corp now owns 42,770 shares of the real estate investment trust’s stock worth $1,685,000 after acquiring an additional 3,055 shares in the last quarter. Finally, Geode Capital Management LLC raised its stake in shares of Vornado Realty Trust by 1.3% in the 3rd quarter. Geode Capital Management LLC now owns 3,106,295 shares of the real estate investment trust’s stock valued at $122,417,000 after acquiring an additional 39,147 shares during the period. 90.02% of the stock is currently owned by institutional investors and hedge funds.

About Vornado Realty Trust

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Vornado Realty Trust is a fully – integrated equity real estate investment trust.

See Also

Earnings History and Estimates for Vornado Realty Trust (NYSE:VNO)

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